What Netflix’s Missing $9 Billion Tells Us About Spotify’s Biz Model

On Monday(July 16th), Netflix’s quarterly earnings missed targets, resulting in $9.1 billion being wiped off its market capitalization due to twitchy investors jumping ship. To be clear, Netflix had a strong quarter, continuing to grow strongly in both the US – a much more saturated market for video subscriptions than for music – and internationally. Netflix also registered a net operating profit. What it failed to do was meet the ambitious expectations it had set. The lessons for Spotify are clear. READ MORE via Music Industry Blog